Eversheds is advising state-owned China National Nuclear Corporation (CNNC) on its investment in the £16bn Hinkley Point C nuclear power station.

The Somerset-based project aims to reduce the UK's reliance on fossil fuels. The development, which is due for completion in the early 2020’s, will comprise two reactors capable of together producing 3,200 MW of energy.

In 2013 developer EDF Group and the UK government agreed on key commercial terms for the project.

The Eversheds team comprises M&A partner Jay Ze in Beijing, working alongside Global Head of Energy Rob Pitcher, and corporate partner Alex Hand who is also deputy head of nuclear.

Robert Pitcher commented:

“The deal is a major breakthrough for the opening up of opportunities for Chinese companies looking to invest in the UK. It is an honour to play a key role in assisting CNNC in the UK market.”